Ratings i-chain

Need improve a team with strong international experts.
Many questions to idea and realization.
The same questions to the product.
I don't believe that it will works in my humble opinion.
We'll see

[Update] Thanks for clearing my questions - I agree that Insurance is one of the biggest market size and community will need such solutions. I am still little sceptical about huge hard-cap but will update my ratings further if team progresses well as there is about an year to go for ICO.

This team is experienced and already has MVP.
However, the field of insurance using block chains is becoming a fierce battle zone.
Do you have clear and intense differentiation?
Also, why do we need huge funding to this extent?
I am anxious about this point.

The idea looks good on paper but lets see how the team will be able to execute it. The team does look solid though and I believe they should be able to get it to fruition. Good thing is that they have a MVP.

Team ★★
Vision ★
Product ★

There is no future on this project at all.
The idea is so complicated and the ROI is based on a bad idea.
The softcap is giant, It is one of the first problem that anyone investor can see.
The insurance industry is massive, powerful and has unlimited funds. I dont know how i-chain could fight and win against them.

There’s a few things I’d like to point out. There is KYC but in my humble opinion the team needs more experience.
Also, there is MVP already which is positive but when I access it, it gives a warning upon connectivity.
Furthermore, I want to know why your Caps are so large or are you ok with a lower cap?


Finally, I would appreciate if a team member responds to this message so I can see your activeness on ICO Bench?


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Further to your reply I have updated my rating since the team has proven that they can code/develop. I still believe that you should reduce the hard cap, also provide higher percentage to the contributors.

When i'm trying to check up the demo MVP version by link it's sends me to a subdomain with invalid SSL certificate, so i give fair 1 for Product. There is no any team member from Blockchain industry and advisors list is empty. The idea is not bad but ... hardcap in 500k Ethers? It fails the approach.

Very ambitious project that will have hard time delivering on its business development. 100k ETH soft cap is 2 orders of magnitude too much for crowdfunding. Team does not have global presence that the project of this scale requires. Idea is good, but proposed approach and scale look too risky for me, as I prefer to see success on several fronts (MVP demo is good, but what about actual market traction?). There are those that think big right away, this project is for them if they believe in the team and vision.

No ICO KYC and raising 500K ETH with soft cap 100K ETH? That's only 33% Token Allocation!!.. Really?! Vision is big, I'll give them that but it requires a lot to pull this off. Need bigger international representation, insights and a very solid go to market & roll-out plan. Looks like this project is backed by member of United Russia Party (Russian Gov't).

Team : Team is good and diverse in different fields checked few comments that they are not verified but they are as informed by icobench.

Vision : Vision is awesome too as unlike other insurance icos they will provide blockchain as service like other BAAS.

Product : checked the product and videos they could have been better

0.1ETH per token?
100,000 ETH = 45 Million Soft Cap?
500,000 ETH = 200 Million Hardcap?
A difference of 150 Million????
ICO run for 1 year?????
Such a badly built website
What a 'face palm' team

Why the f*** do you need 200 Million?????!!!!!!!!!

What a moneygrab, what a scam, what's wrong with the ICO space?

This s*** leave me speechless.

Good luck.

The copy itself barely makes sense. I genuinely am not really sure what they're trying to do, and if the founding team can't explain to you what they're trying to do, that's never a good sign.